And when price revisits the area it can easily go beyond that location and create a false trap and start building the new accumulation area and then we see rapid moves to the direction it break out earlier.
I will discuss today how you can spot value in different cases, specially when we see strong breakout and price consolidates (accumulates) before. The important point to note is even price can still hold higher prices after values shifts and without revisiting the area spotting value is not easy for Intraday setups
It is not easy to spot any change in value but when we see some breakouts and price start building and spent most of the daily (80%) of daily activity at higher prices after change in vlaue and hold higher prices, then we need start thinking of the next step that strong or weak holders take, because if that breakout is done by weak holders than it will start liquidation immediately but if it the smart money who is making moves they will start building their position at value areas
Blog is about Forex Trading for beginners. . Build forex trading strategies and make a living with Forex Trading.supply and demand price action, supply and demand zones, Price Action Techniques & learn to trade like banks and institutions
Monday, May 26, 2014
Price can advertise higher without even testing the shift in value
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